Developed by Malaysian Resources Corp Bhd (MRCB) and Quill, The Sentral Residences is located within the strategic location of KL Sentral in Kuala Lumpur. There are 752 units housed in 55 storeys of twin-towers. Completed in 2016, it is one of the newest condominiums within the KL Sentral central business district.
According to Carmen Lee of Reapfield Properties (HQ) Sdn Bhd, the previous owner was an expatriate who decided to cash out from this property in Malaysia.
The buyer loved the unobstructed view of KLCC, while also overlooking the greenery of the Perdana Botanical Gardens. She also felt the design orientation of the unit exuded good feng shui.
Interestingly though, the deciding factor was the strategic location of The Sentral Residences, because it complemented the buyer’s fondness for travelling.
“She was a retiree who used to work abroad. She wanted to travel the world after the pandemic ends. It was convenient for her to get to KL International Airport via the KLIA Expressway,” Lee explained.
Lee also added that a covered walkway that links the condo to the KL Sentral transportation hub was an added attraction for the buyer.
According to EdgeProp Research, an average transacted price of RM2.69 million or RM1,777 psf in 2019 was recorded for a total of 27 units in The Sentral Residences while an average transaction price of RM1.45 million or RM1,170 psf for four units was recorded in 2020.
As of April 2021, a total of 164 units were listed for sale in EdgeProp.my with an average asking price of RM2.07 million or RM1,239 psf while 127 units were listed for rental with an average asking monthly rate of RM6,126 or RM3.97 psf.
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